Housing Loan deduction
This query is : Resolved
TRIBHUVAN PUROHIT
(Querist)
26 March 2010
Sir,
My one collegue has given me proof of housing loan it contains break-up as below
Principal Amt. for 1-4-09 to 31-3-10 = Rs. 9588.00
Interest Amt. for the above period = Rs. 14592
Total - Rs. 24180/-
I want to know under which section principal amount and interest are to be considered
Awaiting reply with complete details
Thanks in advance
Tribhuvan Purohit
My one collegue has given me proof of housing loan it contains break-up as below
Principal Amt. for 1-4-09 to 31-3-10 = Rs. 9588.00
Interest Amt. for the above period = Rs. 14592
Total - Rs. 24180/-
I want to know under which section principal amount and interest are to be considered
Awaiting reply with complete details
Thanks in advance
Tribhuvan Purohit
CA J M Pattanayak
(Expert)
26 March 2010
Under section 24 u can claim the interest Rs.14,592. and u/s 80 C u can claim the principal amount of Rs. 9,588.
Message likes :
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CA CHINTAN AJMERA
(Expert)
26 March 2010
Agree
CA.Nikhil Gupta
(Expert)
26 March 2010
agree
Rahul Gupta
(Expert)
26 March 2010
Agree with experts.
CA Ashok Kumar Sahu
(Expert)
26 March 2010
agree with expert
CMA Ramesh Krishnan
(Expert)
26 March 2010
agreed
CA Ravi Sisodia
(Expert)
26 March 2010
Agree
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